1131
you are viewing a single comment's thread
view the rest of the comments
[-] 1984@lemmy.today 4 points 2 years ago* (last edited 2 years ago)

You really bought into the entire PR material here. What makes you think the extra profits are going to go to staff? That never happens. Instead it grows the company profits so the shareholders gets richer.

Every company, specially in the US, are keeping their salaries low so the company can make higher profits.

Netflix profits last year was 3.5 billion dollars, and that was one of the bad years.

https://www.macrotrends.net/stocks/charts/NFLX/netflix/gross-profit

this post was submitted on 03 Oct 2023
1131 points (98.5% liked)

Technology

69451 readers
2010 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS